NYMTN New York Mortgage 8.00% Series D Fixed-to-Floating Rate Cumulative Preferred

Cumulative cash dividends (i) from and including the original issue date to, but excluding, October 15, 2027 at a fixed rate equal to 8.00% per annum of the $25.00 per share liquidation preference (equivalent to $2.00 per annum per share) and (ii) from and including October 15, 2027 at a floating rate equal to three-month LIBOR plus a spread of 5.695% per annum of the $25.00 per share liquidation preference. Dividends will be payable quarterly in arrears on or about the 15th day of January, April, July and October of each year, when and as declared, beginning on January 15, 2018 (long first dividend period). On or after October 15, 2027, we may, at our option, subject to certain procedural requirements, redeem any or all of the shares of the Series D Preferred Stock for cash at a redemption price of $25.00 per share, plus any accumulated and unpaid dividends thereon (whether or not authorized or declared) to, but excluding, the redemption date, without interest.   This security was issued by New York Mortgage Trust Inc , whose common stock symbol is NYMT.

$25.96  -0.01 (-0.04%)
As of 10/20/2021 15:06:40 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  REIT—Mortgage
Index country:  USA
Country of incorporation:  USA
IPO date:  10/06/2017
Outstanding shares:  5,750,000
Average volume:  12,877
Market cap:   $149,327,500
Current dividend yield:  7.70%    calculation
Initial coupon rate:    8.000%
Spread to LIBOR: 0.056950
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   10/15/2027
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    649604881
ISIN:        US6496048819
Sedol:      BF2FGW1

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